15 December 2018

Declaration at Authorisation to Practise and obtaining a criminal records check

The Money Laundering Regulations impose certain obligations on the BSB, including to:

  • Carry out risk-based supervision (regulation 17);
  • Ensure that only those who are fit and proper persons are conducting work that falls within the scope of the Regulations (regulation 26); and
  • Provide a register of trust or company service providers to HMRC (regulation 54)

To enable us to comply with these obligations we need to know which barristers are undertaking work that falls within the scope of the Money Laundering Regulations. Following consultation, we have introduced a new rule in the BSB Handbook, rS59.7, requiring barristers to declare whether they do work within the scope of the Money Laundering Regulations.

We have compiled a set of FAQs to help barristers, when making their declaration, in understanding their obligations and if the work that they do falls within the scope of the Money Laundering Regulations.

These FAQs are available here and on the MyBar portal.

 

Obtaining a criminal records check (DBS basic check)

 

The government has set a new requirement for all relevant persons, including barristers who carry out work within the Money Laundering Regulations, to obtain a DBS basic check.

A DBS basic check is a criminal record check any individual can request for themselves from the Government's Disclosure and Barring Service.

Further information is in the FAQs.

If you have any comments or questions about this page, please email us.